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Nov 9, 2012
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that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term. what is more likely is a short-term compromise and revisit broader tax reform, sometime down the line. they are trying to get out in front of what they see is inevitable. they want to avoid the tax rate that. they see is punitive. and so they are trying to get ahead of that. being open and signaling publicly, celebrateing they're open to additional revenues they come without increases in rates. i don't know if it will end up in a compromise but they will incyst on seeing more from the white house. >> the first back and forth, though, promising? >> it is. each side could have held ground and gone to negotiations without having concedeed anything. boehner has been speaking about revenues and obama has implying he could drop the rates issue to make it revenue
that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term. what is more likely is a short-term compromise and revisit broader tax reform, sometime down the line. they are trying to get out in front of what they see is inevitable. they want to avoid the tax...
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Nov 9, 2012
11/12
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i'm encouraged about what speaker boehner said about revenues. may have hedged that a bit in the last 24 hours. may want to see where he can get it from tax reform first, ultimately, republicans are acknowledges, which is a good sign, there has to be revenue as part of the deal. >> you think it's posturing right now? >> i think it's what harry reid said. a lot of dancing going on. but i think we'll get to the thick pretty soon. >> everybody sees the fiscal cliff coming. how much can congress get done, especially if they only give it a week or so? >> that's the big question. two things to consider here. first is the question of the bush tax cuts for the wealthy expiring. the president has said that's going to happen, and that's the real stumbling block here, before you get even to the larger question of the fiscal cliff. everybody knows in the larger package, everybody wants to do tax reform, mitt romney proposed capping deductions, for example, during a campaign, something republicans might be able to sign on to, but even before they get to tax r
i'm encouraged about what speaker boehner said about revenues. may have hedged that a bit in the last 24 hours. may want to see where he can get it from tax reform first, ultimately, republicans are acknowledges, which is a good sign, there has to be revenue as part of the deal. >> you think it's posturing right now? >> i think it's what harry reid said. a lot of dancing going on. but i think we'll get to the thick pretty soon. >> everybody sees the fiscal cliff coming. how...
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Nov 9, 2012
11/12
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FOXNEWS
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i think that boehner will tend to ignore the tea party members. i think whoever is the democratic leader will probably ignore the kind of move on dot-org members. >> greta: you know what, tell me you what really annoy meas. everybody has known about the fiscal cliff for a year and-a-half. in november last year, we knew it was going to happen. now we have had the election, we paid their salaries while they ran for office on both sides of the aisle. they have six weeks to come up with a deal. it is want much time. on the edge of six weeks coming up, what happens? we need everybody to get in the same room. president needs to call the major leader and the speaker. what does the president do? he plans an overseas trip into burma, instead of staying home and bringing everybody to the oval office and pounding out an agreement? >> what the president has to do is to propose a budget, propose a plan. he didn't do it in the debt limit fight. he let one emerge from the negotiations. i don't think that's a presidential leadership. he needs to submit a program
i think that boehner will tend to ignore the tea party members. i think whoever is the democratic leader will probably ignore the kind of move on dot-org members. >> greta: you know what, tell me you what really annoy meas. everybody has known about the fiscal cliff for a year and-a-half. in november last year, we knew it was going to happen. now we have had the election, we paid their salaries while they ran for office on both sides of the aisle. they have six weeks to come up with a...
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Nov 9, 2012
11/12
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you have to give boehner credit. he said new revenue. >> the president goes to sleep tonight he's thinking, i won. must be tremendous relief on his part. then he's thinking down the road, because he is thinking of the future, he's going wait a minute, i got two big risks. one i can't defend my philosophy which my base will hate and i will hate myself for it. michelle will hate me for it. and we need more money to do more things. the other fear is i'm going off the fiscal cliff, meaning i tried so hard to get my way that we screwed it up with the republicans like we did last august and nothing gets done and the economy tanks again for a second recession and i'm going down in history as a double failure. >> he can't let that happen. >> at some point he has to pull back from the paul krugmans of the world and the people on the far left, not far left but left, and say i'm president, you're a columnist. >> right. he has -- he's going to get a lot of flack from both his own left flank and the right. he has to accept that.
you have to give boehner credit. he said new revenue. >> the president goes to sleep tonight he's thinking, i won. must be tremendous relief on his part. then he's thinking down the road, because he is thinking of the future, he's going wait a minute, i got two big risks. one i can't defend my philosophy which my base will hate and i will hate myself for it. michelle will hate me for it. and we need more money to do more things. the other fear is i'm going off the fiscal cliff, meaning i...
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Nov 15, 2012
11/12
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speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion to avoid the so-called fiscal cliff. the president is having leaders in both parties here at the white house on friday. that's when they should start hashing all this
speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of...
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Nov 10, 2012
11/12
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MSNBCW
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you have to give boehner credit. he said new revenue. >> the president goes to sleep tonight he's thinking, i won. must be a tremendous relief on his part. then he's thinking down the road, because he is thinking of the future, he's going, wait a minute, i got two big risks. one, i can't defend my philosophy which my base will hate and i will hate myself for it. michelle will hate me for it. and we need more money to do more things. the other fear is i'm going off the fiscal cliff, meaning i tried so hard to get my way that we screwed it up with the republicans like we did last august and nothing gets done and the economy tanks again for a second recession, and i'm going down in history as a double failure. >> he can't let that happen. >> at some point he has to pull back from the paul krugmans of the world and the people on the far left, not far left but left, and say i'm president, you're a columnist. >> right. he has -- he's going to get a lot of flack from both his own left flank and the right. he has to accept t
you have to give boehner credit. he said new revenue. >> the president goes to sleep tonight he's thinking, i won. must be a tremendous relief on his part. then he's thinking down the road, because he is thinking of the future, he's going, wait a minute, i got two big risks. one, i can't defend my philosophy which my base will hate and i will hate myself for it. michelle will hate me for it. and we need more money to do more things. the other fear is i'm going off the fiscal cliff,...
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Nov 9, 2012
11/12
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i'm encouraged by what speaker boehner said about revenues. he may have hedged that a little bit in the last 24 hours and may want to see where he can get it from tax reform first, but ultimately, republicans are acknowledging which is a good sign that there has to be revenue as part of this deal. same thing on the democratic side -- >> you think it's posture right now, some of this stuff we're hearing? >> i think it's what harry reid said. there's a lot of dancing going on but i think we'll get to the fixing pretty soon. >> gloria, everyone sees the fiscal cliff coming here. how much can congress get done in the lame duck especially if they are only going to give it a week or so? >> you know, that's a big question. look, there are two things to consider here. first of all is the question of the bush tax cuts for the wealthy expiring. the president has said that's going to happen and that's the real stumbling block here before you get even to the larger question of the fiscal cliff. everybody knows in the larger package, everybody wants to do
i'm encouraged by what speaker boehner said about revenues. he may have hedged that a little bit in the last 24 hours and may want to see where he can get it from tax reform first, but ultimately, republicans are acknowledging which is a good sign that there has to be revenue as part of this deal. same thing on the democratic side -- >> you think it's posture right now, some of this stuff we're hearing? >> i think it's what harry reid said. there's a lot of dancing going on but i...
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Nov 13, 2012
11/12
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CNBC
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there are -- boehner says down payment now. buy the boehner down payment zbh i don't like the down payment. i would be sorely disappointed if we missed this opportunity. i think somebody was telling me today the budget act of 1990 took 12 days to put in place. we know what all the issues are. i hope we won't be lacking courage just to go ahead and deal with big pieces of this. so -- i am in a different place than you on this. i think we ought to deal a -- in a big way with the fiscal reform. >> you want to grant design. that's very -- interesting point of view. >> doesn't have to be grand. we play to take two bites at it, debt ceiling coming up which i think, by the way, debt ceiling is the more important day personally than the fiscal cliff issue because we are not fiscal cliff is not going to happen. okay. simply is not going to happen. so -- to me, the focus ought to be on solvency and if we can deal with that and take a big step out of that, big step towards solving that, during this december, i agree with you. i think the
there are -- boehner says down payment now. buy the boehner down payment zbh i don't like the down payment. i would be sorely disappointed if we missed this opportunity. i think somebody was telling me today the budget act of 1990 took 12 days to put in place. we know what all the issues are. i hope we won't be lacking courage just to go ahead and deal with big pieces of this. so -- i am in a different place than you on this. i think we ought to deal a -- in a big way with the fiscal reform....
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Nov 12, 2012
11/12
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how much does boehner speak for his conference, by the way? how much leeway does he have to cut a deal that might anger some conservatives? this weekend there were signs of softening among conservatives on the issue of taxes. here is "the weekly standard questions bill kristol sunday. >> it won't kill the country if we raise tax as little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000, make it a million. the republican party is going to defend a bunch of millionaires, half who voted democratic and hatch live in hollywood. >> although tom price who is running to lead the house republican conference said sunday he is open to closing some tax loopholes, he did buck boehner on the issue of health care. >> question, do most house republicans, do you agree with speaker boehner that repeal of obama care with this election, with his re-election, is debt? >> we're not opposed to the president's health care law because of the election. we're opposed because it's bad policy and
how much does boehner speak for his conference, by the way? how much leeway does he have to cut a deal that might anger some conservatives? this weekend there were signs of softening among conservatives on the issue of taxes. here is "the weekly standard questions bill kristol sunday. >> it won't kill the country if we raise tax as little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000, make it a million....
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Nov 8, 2012
11/12
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boehner could not and what resulted instead were the outlines of the fiscal cliff. the speaker is now floating the idea of a different grand bargain. scott, the idea is to delay the entire fiscal cliff for a year to give congress the time to work on tax and entitlement reform. >> pelley: wyatt, thanks, john dickerson is our cbs news political director. you just heard what wyatt said. does that sound like the beginning of progress? >> well, the president and republican leaders are talking about cooperation and after the 2010 election there was a flurry of activity. one thing that's changed that might suggest both sides can work together is that because the president's no longer up for reelection republicans can work with him and know they're not helping his political fortunes. now, they still have to calculate their own political fortunes, and that's under way. the election was just yesterday. let's look at mitch mcconnell, the leader of the republicans in the senate. he's got a reelection in 2014. does he cooperate because he's up for reelection or does he not coope
boehner could not and what resulted instead were the outlines of the fiscal cliff. the speaker is now floating the idea of a different grand bargain. scott, the idea is to delay the entire fiscal cliff for a year to give congress the time to work on tax and entitlement reform. >> pelley: wyatt, thanks, john dickerson is our cbs news political director. you just heard what wyatt said. does that sound like the beginning of progress? >> well, the president and republican leaders are...
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Nov 9, 2012
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speaker boehner has to start counting votes. he has the majority in numbers but how much he can do or thought do, that will be dependent on a handful of fiscal conservatives on the right. >>neil: would charlie rangel be okay with a plan initially for republicans if this is what they put forward to close the loopholes and transaction breaks for millionaires without formally raising the rates and that is their initial proposal on revenue meaning taxes go up but it is not formally raising rates would you say yes or month? >>guest: there is enough money there to make it renew neutral but we have to raise money from the upper income people. >>neil: and the only way did do it in your eyes is to raise the rates? >>guest: we have to really see what he is talking about because they get a lot of preferential treatment in the tax code. >>neil: you could do it? >>guest: it is possible to do that if you cut out all the prefer usual treatment they are getting. that is not going to be easy. everyone wants tax cuts and get rid of loopholes. >>n
speaker boehner has to start counting votes. he has the majority in numbers but how much he can do or thought do, that will be dependent on a handful of fiscal conservatives on the right. >>neil: would charlie rangel be okay with a plan initially for republicans if this is what they put forward to close the loopholes and transaction breaks for millionaires without formally raising the rates and that is their initial proposal on revenue meaning taxes go up but it is not formally raising...
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Nov 11, 2012
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i think you heard john boehner say that. we've had votes in the senate where we've gotten rid of tax credits. i think that's a given. >> we need the republicans to do in 2012 what we did in 2010. we hear the mandate continue to cut spending, but they have to hear the than date real revenues not like dynamic scoring. >> and here's what happens if no agreement is reached before january 1st.bush tax rates expire. emergency unemployment benefits will end. the 2011 payroll tax holiday expires. and $984 billion in cuts will be triggered. joining me now, andy sullivan and sher a tupletts. what do you expect to come out of the meeting friday and will any real progress made? >> oh, no, but i think the optics will be important. there will beside by side getting their picture taken and i think this will reassure voters and most importantly investors that they are serious about the problem and they want t to get something done before the end of the year. they've pretty much gotten a free ride from the markets. everybody knew this was co
i think you heard john boehner say that. we've had votes in the senate where we've gotten rid of tax credits. i think that's a given. >> we need the republicans to do in 2012 what we did in 2010. we hear the mandate continue to cut spending, but they have to hear the than date real revenues not like dynamic scoring. >> and here's what happens if no agreement is reached before january 1st.bush tax rates expire. emergency unemployment benefits will end. the 2011 payroll tax holiday...
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Nov 11, 2012
11/12
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CSPAN
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john boehner has said they will not increase tax rates on anyone. they will put revenue on the table. maybe there is a middle ground for they cannot have their rates go up. >> you're seeing that shift in town right now of republicans talking about this in terms of the loophole closings and that kind of thing. the question is when you do that, do you do that at the end of the year as part of this fiscal cliff package? two-part to do it next year as part of the tax reform deal? that is where the rub is going to be right now. i do not think anybody has figured out when you do these revenue increases. >> we have only heard from the leaders. speaker john boehner had mixed success on getting the rank and file republicans. do we know what they're reading of the election is? same cast of characters making these decisions. >> we will find out next week when members of both the house and senate come back to washington. it is already clear the most conservative members of the house do not see a need to move on taxes and maybe do not see a need to move on this
john boehner has said they will not increase tax rates on anyone. they will put revenue on the table. maybe there is a middle ground for they cannot have their rates go up. >> you're seeing that shift in town right now of republicans talking about this in terms of the loophole closings and that kind of thing. the question is when you do that, do you do that at the end of the year as part of this fiscal cliff package? two-part to do it next year as part of the tax reform deal? that is...
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Nov 10, 2012
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speaker boehner has control of the house. and majority leader reed reed has his and mcconle the minority leader. you need certain amount of republicans in the senate to come with the president. they have their own power base they are working it is it the triangulation that we will see. who and what form is it the coalition that are need tod pass something. >> welcome to divided government. >> there you g. >> in this setting right now. everybody has an interest in finding a way to making progress and giving the american people what they wanted from all of their leaders some substantive move forward on the big issues that face the country. taxes and spending are on everyoney mind. >> gop's give on taxes. you think the democrats will play fair on entitlements. >> that is on the agenda democrats recognize it is it not only increasing the revenue. you need a balance. both increase in revenue, but you need a cut in spending. >> you can't ignore the path. if we don't reform entitlements, there is it a country that is broke. as long
speaker boehner has control of the house. and majority leader reed reed has his and mcconle the minority leader. you need certain amount of republicans in the senate to come with the president. they have their own power base they are working it is it the triangulation that we will see. who and what form is it the coalition that are need tod pass something. >> welcome to divided government. >> there you g. >> in this setting right now. everybody has an interest in finding a way...
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Nov 8, 2012
11/12
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FOXNEWSW
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when we come back, if speaker boehner blinked on tax hikes? is a single democrat limping on spending -- blinking on spending cuts? presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast feeding should not use androgel. serious side effects include worsening of an enlarged prostate, possible inc
when we come back, if speaker boehner blinked on tax hikes? is a single democrat limping on spending -- blinking on spending cuts? presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and...
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Nov 16, 2012
11/12
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MSNBCW
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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Nov 9, 2012
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john boehner has already had one. he's going to have a second one. looks like something good is going to happen. if that happens, let's put our optimistic hats on. how good would that be for stocks? >> well, we have the economy moving ahead slowly now. with an acceleration, i believe, coming from rising housing prices and rising housing starts. housing prices in this country, which have been going down for five or six years, in the last six months have started up and they're up broadry and stro rly in many markets. this is not only going to drive housing starts higher but be a tremendous positive for consumer confidence because along with stocks, the value of people's house, the biggest asset they have. it's been under downward pressure. now it's headed the other way. >> right. i agree. this may have had an impact on the election, by the way, because it's so important to individuals. but let me just take you through this. if the so-called fiscal cliff is solved, we avoid the big year-end tax increase, ken heebner, what concerns a lot of people is tha
john boehner has already had one. he's going to have a second one. looks like something good is going to happen. if that happens, let's put our optimistic hats on. how good would that be for stocks? >> well, we have the economy moving ahead slowly now. with an acceleration, i believe, coming from rising housing prices and rising housing starts. housing prices in this country, which have been going down for five or six years, in the last six months have started up and they're up broadry...
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Nov 11, 2012
11/12
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FOXNEWS
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can boehner think, look, i've got as much mandate as the president? >> i think he should absolutely think that, paul. the president made clear, didn't really run on the second term agenda and didn't talk about it much. i'll tell you what the mandate is right now, the mandate is that fiscal cliff, the bipartisan mandate. >> paul: to go off it is the mandate or not to go off. >> i think the stock market went off in the last week, people are saying pretty clearly you've got to do something about this now. i think they have a lot of leverage here, because if something isn't done, the economy is going to decline, maybe go into recession and i think employment can get as high as 10%. >> paul: if we had another recession it would have. >> if you're the president of the united states in a second term, you do not want a legacy, unemployment-- >> the lesson, don't give in at all, you won and if you go off a cliff, you blame them and they'll get the blame. >> he has no other term. i think obama's going to start thinking about his legacy and i predict he may thro
can boehner think, look, i've got as much mandate as the president? >> i think he should absolutely think that, paul. the president made clear, didn't really run on the second term agenda and didn't talk about it much. i'll tell you what the mandate is right now, the mandate is that fiscal cliff, the bipartisan mandate. >> paul: to go off it is the mandate or not to go off. >> i think the stock market went off in the last week, people are saying pretty clearly you've got to do...
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Nov 9, 2012
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CNNW
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where boehner is saying let's deal with this in 2013. he's actually trying to get this off the lame duck altogether, which is the way to ensure there's not a big deal. so in addition to the question about whether we are going to see a ball loance of revenues a spending cuts is whether we're going to get a big deficit deal which the president clearly wants and thinks is important. what you're hearing from boehner and mcconnell in washington speak is we don't want a deal, we don't want to go off the cliff and the only thing left is to punt. and i think that's a dangerous place as well because this is the issue one of the few times congress might be forced to actually do its job and get a budget passed for the american people. so when this question comes up about the bigger issue are we going to get a deal or not, what i'm hearing from boehner is no and the president yes. >> but the president's leverage doesn't go away if you punt for six months. i mean, it's not clear to me -- i agree with you that's one way to read the boehner/mcconnell p
where boehner is saying let's deal with this in 2013. he's actually trying to get this off the lame duck altogether, which is the way to ensure there's not a big deal. so in addition to the question about whether we are going to see a ball loance of revenues a spending cuts is whether we're going to get a big deficit deal which the president clearly wants and thinks is important. what you're hearing from boehner and mcconnell in washington speak is we don't want a deal, we don't want to go off...
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Nov 10, 2012
11/12
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WTTG
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the other thing is boehner has a real problem. boehner is somewhat of a moderate. he may want to compromise on this. actually boehner and obama individually are incentivized to compromised but face people to the extremes in their parties who will prevent it. if boehner goes too far left, i really think the tea party will toss him right out. >> that's possible, but -- >> the lines are really drawn here, but president obama won the election. doesn't that buy him some capital here? >> oh, sure, and i think the fact that boehner comes right to the table, already doing interviews. republicans have wasted no time led by boehner saying there should be compromise and there's going to be a deal. we'll have to give on something. we might have to give a percent or two, but republicans aren't going to compromise their values. we're in this for the long haul. we believe in low taxes. we're not trading in all of our values because of one election result tuesday. we still hold half the cards in this town. people talk like the republican party is extinct. we control the house of r
the other thing is boehner has a real problem. boehner is somewhat of a moderate. he may want to compromise on this. actually boehner and obama individually are incentivized to compromised but face people to the extremes in their parties who will prevent it. if boehner goes too far left, i really think the tea party will toss him right out. >> that's possible, but -- >> the lines are really drawn here, but president obama won the election. doesn't that buy him some capital here?...
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Nov 10, 2012
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john boehner didn't want to have any type of grand bargain. he wants to wait for the new congress to be seated. how you do a temporary punt. obama has the leverage. he won re-election. so where we go from here, i think you are going to see a lot of political games next week when congress comes back to town. potentially, we go deep into december. >> the president is holding most of the cards here, he won re-election and the republicans are absolutely terrified of going over the cliff. the tax cuts expire. the president and democrats propose a bill to restore the tax cuts to all but the top bracket and the republicans say, no, no, no. we don't want to do that. we have to restore the tax cuts to the rich people. they don't want to be in that situation, they can't let themselves get in that situation. >> which is why, i think you saw john boehner come out pretty aggressively this week and say he's open to a compromise. the key word in his statement and the statement he made before the election was tax rates. he doesn't want to see the rates go up.
john boehner didn't want to have any type of grand bargain. he wants to wait for the new congress to be seated. how you do a temporary punt. obama has the leverage. he won re-election. so where we go from here, i think you are going to see a lot of political games next week when congress comes back to town. potentially, we go deep into december. >> the president is holding most of the cards here, he won re-election and the republicans are absolutely terrified of going over the cliff. the...
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Nov 16, 2012
11/12
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i want to say, tamron, that it was house speaker john boehner's birthday. president obama gave him a bottle of wine. >> kristen, you spoimed it. we were going to show that later. rats. really, kristen welker? >> caller: so, sorry. >> i have something else to ask you about. i'm just giving you grief. the civic meeting is taking place, the reverend al, the national action network, and he's meeting with civic leaders. is he prepares some on the letter r left for concessions or things they may not like that comes out of these negotiations? >> reporter: well, i think it's both. i think it's that he's trying to prepare some on the left for concessions. he's trying to build up really his strength to be able to put pressure on republicans to come to the table with him over taxes. president obama meeting with with union leaders early this week, also business leaders, so he's really trying to form a broad consensus, i think, to put pressure on republicans and democrats to get something done, to actually get something accomplished before that january 1st deadline. tam
i want to say, tamron, that it was house speaker john boehner's birthday. president obama gave him a bottle of wine. >> kristen, you spoimed it. we were going to show that later. rats. really, kristen welker? >> caller: so, sorry. >> i have something else to ask you about. i'm just giving you grief. the civic meeting is taking place, the reverend al, the national action network, and he's meeting with civic leaders. is he prepares some on the letter r left for concessions or...
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Nov 13, 2012
11/12
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look at speaker boehner, he's showing that we need to show leadership. we have to work with the president. they have the message and they'll respond appropriately and you'll see. >> that's very optimistic. i think, i degree with armstrong, the next few weeks whether they got the message or not. we have this big issue coming up with all of these fiscal issues and boehner a year and a half ago, when this came up the last time, he was basically whipped by the tea party wing of his party. so, the real question is, whether he's able to go back to that tea party link and say what armstrong just said, work with the president, some degree on compromise on taxes and raising revenues. i think it's an open question whether he can do that and whether he can succeed in doing that. >> gentlemen, thanks so much. i appreciate your time today. >>> stick around. up next, i got actor and activist ally sheedy waiting in the wings. she'll be with me in a second. >>> welcome back. tens of thousands are still in the dark after hurricane sandy. power crews in new york and new j
look at speaker boehner, he's showing that we need to show leadership. we have to work with the president. they have the message and they'll respond appropriately and you'll see. >> that's very optimistic. i think, i degree with armstrong, the next few weeks whether they got the message or not. we have this big issue coming up with all of these fiscal issues and boehner a year and a half ago, when this came up the last time, he was basically whipped by the tea party wing of his party. so,...
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Nov 9, 2012
11/12
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john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in a little bubble next to the man's name on a piece of paper is technically how we endorse a person in america. mr. mcconnell does not see it that way. on the political wire the romney's campaign would have could have should have transition website today. surely, this was not supposed to go live until mr. romney actually won the election. the campaign did not wait. they presumably accidentally put it up, a transition website for president-elect romney, how to apply for a job with the new romney administration. looks like because they screen shot it before they finally
john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in...
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Nov 12, 2012
11/12
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so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i think eventually they are going to get a deal, but i think it'll probably be a two-step process where they get some type of down payment on tax reform and then do something larger in the new year with the new congress being sworn in. so, but how do you do that, how do you have one-step process? i think you've got to have the parameters of what you're going to do next year now. boehner does not want a huge deal in the lame duck. he says that the new congress should be in session when you're going to do this, the newly-elected people. so it's goi
so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i...
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Nov 11, 2012
11/12
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so let boehner be boehner. host: the tax code, changes to the overall tax code next year. how likely is that? guest: i think it's likely. it won't be immediate. you want to get it right as you possibly can but that's a leverage point for john boehner. let's not focus on the latesth rates, we know there are all these other areas where we can begin to grab revenue and pull it back into the government. and i think that's going to give him some leverage but he's going to need that leverage going into this and not be second guessed. host: our first call is from maryland but i want to put this on the table. is michael steele interested in running for governor in 2014? guest: i don't know. i love my state. it's where i was born and i'm not happy with what i see there. a lot of frustration. we've had a lot of spending in the state and a lot of tax increases and i think people are looking for something that is going to be a little different. it's a tough state and -- host: tough state for a republican? guest: tough state for a republican and it's one of those opportunities you have
so let boehner be boehner. host: the tax code, changes to the overall tax code next year. how likely is that? guest: i think it's likely. it won't be immediate. you want to get it right as you possibly can but that's a leverage point for john boehner. let's not focus on the latesth rates, we know there are all these other areas where we can begin to grab revenue and pull it back into the government. and i think that's going to give him some leverage but he's going to need that leverage going...
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Nov 13, 2012
11/12
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therefore they're not going to go along--even if boehner wants them to go along. both sides the president and democrats on one side, boehner and the republicans are basically maneuvering for bargaining position for what is going to be a long-term negotiation. >> eliot: they're just shadow boxing, i think that's exactly right. i wonder and i'm trying to assess--i have no knowledge of what goes on inside the republican party but i'm trying to discern if boehner has more strength now than he did when this negotiation took place lose yearlastyear. does he have the political strength because his party lost, can he look eric cantor in the eye and other republican leaders in the eye and say we have no choice but to cut a deal that is now on the president's terms? >> i think the strongest bargaining level he has is not so much that the republicans lost the election but beginning january 1st tax rates do go up particularly on the wealthy automatically. that's when the bush tax cut is basically terminated. the president has that bargaining power. essentially in washington d
therefore they're not going to go along--even if boehner wants them to go along. both sides the president and democrats on one side, boehner and the republicans are basically maneuvering for bargaining position for what is going to be a long-term negotiation. >> eliot: they're just shadow boxing, i think that's exactly right. i wonder and i'm trying to assess--i have no knowledge of what goes on inside the republican party but i'm trying to discern if boehner has more strength now than he...
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Nov 8, 2012
11/12
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boehner said he would not do that. he would not support it, harry reid said democrats would insist on those taxes being raised. >> all i would suggest is that every bipartisan group has looked at this, the gang of six. three republicans, three democrats, simpson-bowles rejected higher tax rates. they raised revenue by eliminating deductions and exemptions. taking that revenue back into the treasury, applying it to the debt and buying down rates to create economic growth and some future economic growth -- >> does that really get you where you need to be on deficit reduction? >> oh, absolutely it does. it absolutely does. there's a trillion dollars we give away every year through the tax code. apply some of that to debt and future economic growth sets some of that aside to get out of debt. raising tax rates was rejected by simpson-bowles and the gang of six. there will be no republican that will go down that road because it will hurt job creation. tax policy and job creation go hand in hand. >> this president got re-elec
boehner said he would not do that. he would not support it, harry reid said democrats would insist on those taxes being raised. >> all i would suggest is that every bipartisan group has looked at this, the gang of six. three republicans, three democrats, simpson-bowles rejected higher tax rates. they raised revenue by eliminating deductions and exemptions. taking that revenue back into the treasury, applying it to the debt and buying down rates to create economic growth and some future...
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Nov 8, 2012
11/12
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>> and you're coming out of an election -- boehner had revenue on the table before. he said he had revenue. that's not a big deal. and you can do it this time while -- yeah. i haven't slept in two days. the point is you can do it on the top line and force negotiations. >> what i was going to say, with romney you can -- romney was out there saying, i do want to get rid of these loopholes. so that's on the table. that's a republican plan right now. you can lower the top line rates, eliminate the loopholes, and raise a bunch of money. everyone can get along. there's a space here to do it. >> anxious to see the role paul ryan is going to play. republican hand wringing. this sandy business, they've got to stop. is it getting a little absurd? >> they have to think over things. you have two warring camps. mcdonnell was confrontational. people are lining up behind him. what they lack is a leader, a leader who can step up. jeb bush might be able to do it, but there is no leader that can unite these camps. >> democrats, 1988. shameless plug. you first? >> my brother and his wi
>> and you're coming out of an election -- boehner had revenue on the table before. he said he had revenue. that's not a big deal. and you can do it this time while -- yeah. i haven't slept in two days. the point is you can do it on the top line and force negotiations. >> what i was going to say, with romney you can -- romney was out there saying, i do want to get rid of these loopholes. so that's on the table. that's a republican plan right now. you can lower the top line rates,...
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Nov 11, 2012
11/12
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i think you heard john boehner say that already. we have had votes in the senate where we have gotten rid of tax credits. i think that's given and the vast majority of the americans agree with that. the question is, how do you do that and how do you allow taxes to rise? at the same time, you fix the real problem and the real problem is uncontrolled entitlement spending and a government that has grown massively, not just under this administration, under republican administration. so, you have to approach both sides of it. >> let me turn to senator schumer. i will ask you the same question. if the mandate is compromised what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. i think if the house stands for anything it is cut government spending, as tom coburn said, and i think we have to do more of it. we heard the mandate 2010, where it was a clear mandate you cut spending and we did, we cu
i think you heard john boehner say that already. we have had votes in the senate where we have gotten rid of tax credits. i think that's given and the vast majority of the americans agree with that. the question is, how do you do that and how do you allow taxes to rise? at the same time, you fix the real problem and the real problem is uncontrolled entitlement spending and a government that has grown massively, not just under this administration, under republican administration. so, you have to...
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Nov 10, 2012
11/12
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that's the president, and that's speaker boehner. and what i think is best for all of us to do is to talk about those areas of commonality, to tremendously support these negotiations, because when you look at the time frame, alex, the only way we're going to get to a solution by year end is if the president and speaker boehner come to an agreement, because i believe anything they agree to is something that will pass the senate. so it's really the house, and the president. and it's time for both of them to step up and show the kind of leadership this nation needs to solve that problem. >> how about this? first of all, do you believe we will come to a resolution by the end of this year? and as you know, speaker boehner supports a stopgap measure that would at least buy time until january when the new congress could take up these bigger ticket items? >> yeah. >> i know that their suggestion is kicking the can down the road. but do you support a two-step process? >> i don't. look, alex. we all know what the issues are. we've had two dry
that's the president, and that's speaker boehner. and what i think is best for all of us to do is to talk about those areas of commonality, to tremendously support these negotiations, because when you look at the time frame, alex, the only way we're going to get to a solution by year end is if the president and speaker boehner come to an agreement, because i believe anything they agree to is something that will pass the senate. so it's really the house, and the president. and it's time for both...
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Nov 13, 2012
11/12
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john boehner wants to find common ground. and even sean hannity is trying to shift to the middle. >> we have to get rid of the immigration issue all together. it's simple. you control the border first. you create a pathway for those that are here. you don't say you have to go home. and that's a position i have evolved on. because you know what, it's got to be resolved. the majority of people here, some have criminal records, you can send them home. but if they are law-abiding, kids are born here, first secure the border, pathway to citizenship, done. whatever little penalties you want to put in there. then it's done. >> pathway to citizenship, done. where was all this talk before the election? you see this is all about getting votes. it's not coming from the heart. reforming immigration policy is a huge risk for the republicans. they could alienate their base. there's no guarantee they will win the latino vote in the long run. let's turn to ruy teixeira. great to have you with us. >> delighted to be here. >> you predicted thi
john boehner wants to find common ground. and even sean hannity is trying to shift to the middle. >> we have to get rid of the immigration issue all together. it's simple. you control the border first. you create a pathway for those that are here. you don't say you have to go home. and that's a position i have evolved on. because you know what, it's got to be resolved. the majority of people here, some have criminal records, you can send them home. but if they are law-abiding, kids are...
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Nov 9, 2012
11/12
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boehner offered an olive branch so to speak. i think you're going to see president obama do the same thing. we've seen a lot of, again, the tech stocks seem to be hit hard here. one of the things i would say to people, if you're not comfortable, sell them out of the money puts. >> deutsche bank's chief strat jit david bianco joins us for wall street's view for markets and the wall street cliff. good to have you. thanks for joining us on halftime. >> thank you. >> it's been a really difficult week in the stock markets. how are you see it here? >> our focus is the dismal so e so if we can get dev dends, we'll see a growth. but we really need to see a compromise that brings a dividend tax rate that goes no higher than 25%. if it goes up to 43.4 or so, that we would take as a big concern. >> are you more or less optimistic now given the results of the election? >> a compromise will be reached. we do not expect to go over the fiscal cliff in the sense of it being triggered. this might go up to the last minute. december 31st may possi
boehner offered an olive branch so to speak. i think you're going to see president obama do the same thing. we've seen a lot of, again, the tech stocks seem to be hit hard here. one of the things i would say to people, if you're not comfortable, sell them out of the money puts. >> deutsche bank's chief strat jit david bianco joins us for wall street's view for markets and the wall street cliff. good to have you. thanks for joining us on halftime. >> thank you. >> it's been a...
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Nov 13, 2012
11/12
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quick to say yeah, let's follow the boehner thing. when you look at what boehner is saying about how to avoid the fiscal cliff he's not saying we're going to agree with president obama on anything yet right? >> not yet. at least publicly, he's just reheating the old romney proposal which is if you close deductions, that's where you get your revenue. not from letting the high end tax cuts expire. the high-end tax cuts expire. what obama had been campaigning on and what voters want overwhelmingly. so you know, the administration has actually been fairly optimistic about where boehner is and negotiating with boehner and negotiating maybe with some of the rank and file who are more likely to come to an agreement. maybe go into the senate. and doing this very publicly. they're meeting with a lot of groups with labor groups, with business groups and they've learned their lesson. this idea that in 2011 last year, they could just sit in a room with boehner, hatch out a deal and all would be done. clearly didn't work out very well. after the e
quick to say yeah, let's follow the boehner thing. when you look at what boehner is saying about how to avoid the fiscal cliff he's not saying we're going to agree with president obama on anything yet right? >> not yet. at least publicly, he's just reheating the old romney proposal which is if you close deductions, that's where you get your revenue. not from letting the high end tax cuts expire. the high-end tax cuts expire. what obama had been campaigning on and what voters want...
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>> the question is is, what is speaker boehner saying? he really talking about a balanced approach or what he used to talk about and republicans have claimed, which is another round of tax breaks for wealthy people will somehow trickle down, magically boost the economy so much that it will pay for itself and not increase the deficit. we know that doesn't work. and if that's what speaker boehner's talking about, then really, it's not going anywhere. now, if he's talking about what we call genuine budget revenue, that's a different story and if that's the case, i'd love to see his proposal. the president has put his on the table for revenue. let's see speaker boehner's proposal. he wants to do this in the open. let's see it. >> of course, he and the president had a deal and fingers can point all kinds of ways, but that failed. let's hope they can. but who's going to take the lead in negotiations on your side? is it going to be somebody who has been rather polarizing like nancy pelosi or someone else? >> during the talks between the speaker
>> the question is is, what is speaker boehner saying? he really talking about a balanced approach or what he used to talk about and republicans have claimed, which is another round of tax breaks for wealthy people will somehow trickle down, magically boost the economy so much that it will pay for itself and not increase the deficit. we know that doesn't work. and if that's what speaker boehner's talking about, then really, it's not going anywhere. now, if he's talking about what we call...
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that's what john boehner said we need to see. in reform you get more revenue, but not necessarily by taxing the people who could create the revenue and the jobs. >> austan, before he answers, i'm going to interrupt you. i'll let you answer on the other side. >> 350,000 jobless claims last week, drop from 8,000 claims from the week before and i'm going to go out on a limb and say hurricane sandy, this is the first number we've seen superstorm sandy mess up. we're going to start to see -- if you were hunkered down waiting for a hurricane you weren't necessarily going out to file first time unemployment benefits, were you? from here on out that's a good question for austan, too. we'll start to see a lot of noise in the economic reports as we try to figure out if the economy is healing because of sandy. >> first back to the tax reform question. can you answer that? >> therein lies the rub of the statement yesterday. if by raising revenue through tax reform meant let's go in and figure out how we broaden the base and get rid of deduct
that's what john boehner said we need to see. in reform you get more revenue, but not necessarily by taxing the people who could create the revenue and the jobs. >> austan, before he answers, i'm going to interrupt you. i'll let you answer on the other side. >> 350,000 jobless claims last week, drop from 8,000 claims from the week before and i'm going to go out on a limb and say hurricane sandy, this is the first number we've seen superstorm sandy mess up. we're going to start to...
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Nov 11, 2012
11/12
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. >> we will get to the campaign and mitt romney in a minute, but first listen to what john boehner said after the election. >> mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. let's rise above the this function and do the right thing for our country. >> later john maynard told diane sawyer he is the most reasonable, responsible person -- john boehner told diane sawyer he is the most reasonable, responsible person in washington and the president knows that. the fiscal cliff looms at the end of the year. will we reach a compromise before then, charles? >> i do not think it will be a comprehensive compromise. i think they will be able to patch something together. i think they will be able to agree on it true tax reform sometime next year. i think they will get passet the cliff if -- the cliff. if he insists on raising rates, he will be stymied. >> what is the message? >> it is a mixed message. i think we all agree the corner stone of the president from message is we raise taxes on those earning over $250,000. mitt romney pledged
. >> we will get to the campaign and mitt romney in a minute, but first listen to what john boehner said after the election. >> mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. let's rise above the this function and do the right thing for our country. >> later john maynard told diane sawyer he is the most reasonable, responsible person -- john boehner told diane sawyer he is the most reasonable, responsible person...
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Nov 8, 2012
11/12
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>> this the challenge that boehner faces. that's why it's so interesting to hear him change his tone. i do think there was -- if you look at the election, you can see from the poll returns that the president has got some momentum. that at least the people agree with what he wants to do in terms of tax reform. he will likely, i'm sure, not only reach out across the aisle but reach out to americans. that's something he's always done, going across the country and jimmying up support for what he sees should happen in terms of these big ticket deals. i think both of these men, boehner, all these men, reid, who are in control are looking at their legacies. they want to get something done. they look at these polls which show that the american people do not hold congress in high regard. they would like to reverse that. they want to have something on their records that speaks to big things. this is a big country. we do big things. we are big ideas centered, and i think that's what they're going to have in mind when they go and look at
>> this the challenge that boehner faces. that's why it's so interesting to hear him change his tone. i do think there was -- if you look at the election, you can see from the poll returns that the president has got some momentum. that at least the people agree with what he wants to do in terms of tax reform. he will likely, i'm sure, not only reach out across the aisle but reach out to americans. that's something he's always done, going across the country and jimmying up support for what...
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Nov 14, 2012
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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Nov 11, 2012
11/12
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speaker boehner said tax hik eshehikes aren't acceptable. senator mcconnell the republican leader in senate said that he won't raise taxes to turn off those spending cuts. if senator mcconnell and speaker boehner don't bend, do you still believe the president should go up to the brink. >> here we are, our country has a tremendous debt and deficit problem. we also have a challenge in making sure that we educate our work force, we need to make sure we care for our veterans who need that care today. we need to have research and we need to be able to compete in a global marketplace, those investments are important. everyone who has looked at this, including the supercommittee that i served on, said we need to have revenue as part of the solution to this problem as well as looking at entitlements and spending cuts. what the missing ingredient is revenue. that's what we face right now. if our republican counterparts can step forward with that revenue piece we'll be able to find a solution. >> and if not, go off a cliff? >> well, clearly, we have t
speaker boehner said tax hik eshehikes aren't acceptable. senator mcconnell the republican leader in senate said that he won't raise taxes to turn off those spending cuts. if senator mcconnell and speaker boehner don't bend, do you still believe the president should go up to the brink. >> here we are, our country has a tremendous debt and deficit problem. we also have a challenge in making sure that we educate our work force, we need to make sure we care for our veterans who need that...
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Nov 12, 2012
11/12
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if what speaker boehner was saying he was truly willing to get office ready we begin to work with one another. if what he is simply saying is what republicans used to say which is we are going to lower rate on the wealthy and that will somehow generate -- >> he was talking about closing loopholes and deductions. >> the jury is out still on the -- let me be clear. the tone was good. i think the jury is out on what he said. others may have to clarify. but he said something in a very hurtf artful way in which many people heard differently. >> are you willing to accept more revenue if it doesn't mean the bush tax cut has to be rescinded for the wealthy and rises from 35 to 39 percent. if they make the matt work. >> the issue is the math. the starting point should be going back to clinton era rates. then proceeding with tax reform as the speaker may have been talking about if he was generally talking about eliminating revenues to eliminating loopholes. >> let's right now extend the bush tax cut rates for the 98 percent of the people making less than 250,000 dollars. he says i will sign it
if what speaker boehner was saying he was truly willing to get office ready we begin to work with one another. if what he is simply saying is what republicans used to say which is we are going to lower rate on the wealthy and that will somehow generate -- >> he was talking about closing loopholes and deductions. >> the jury is out still on the -- let me be clear. the tone was good. i think the jury is out on what he said. others may have to clarify. but he said something in a very...
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boehner is trying to herd them. he felt last time. they're somewhat chastened. they make, with a short-term deal. over the long term, you're right. they will be recalcitrant and feel their principles were not projected and -- were rejected. there will be a long fight and liberals and democrats are kidding themselves if they think otherwise in the flesh of the victory. >> mr. boehner has tried this tack before. what makes you think he will be successful? i hear your point about big business. whether we're talking democratic or republican, what wall street wants, wall street gets much to my chagrin but i digress on that point. what is your sense of how or why this time john boehner will get what he wants but he has not been so successful at keeping his troops in line in the past? >> only because it comes off of some substantial loss. not a landslide loss or defeat but a substantial loss and there is a certain amount of shellshocked. i think also, if we come to the point of whether we're jumping off a cliff or in complete gridlock and we have a party and in that si
boehner is trying to herd them. he felt last time. they're somewhat chastened. they make, with a short-term deal. over the long term, you're right. they will be recalcitrant and feel their principles were not projected and -- were rejected. there will be a long fight and liberals and democrats are kidding themselves if they think otherwise in the flesh of the victory. >> mr. boehner has tried this tack before. what makes you think he will be successful? i hear your point about big...
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i think boehner will do what boehner needs to do. i hope that obama will do what he needs to do, but i think the chances are good and we will not suffer catastrophe, because americans somehow avoid catastrophe. >> mort, this very sensible, and in general there is a good chance of that happening. but i have to take exception to your referenced above board word -- to bob woodward. if he was an hour course, we would help him because of his arguments that barack obama failed to work his will on congress like lyndon johnson did. that is the most naive think i have ever heard in my life. the only reason this kind of presidential leadership and skilled and care is necessary now is it because it follows an election that brought obama won. effort to get back in power of a scorched-earth policy has failed. >> read the book in the movie is coming. questions from the audience, please. >> i am wondering what impact you think a link-up moderate senators, such as brown, lugar, college are going to have on the negotiation? >> we have been waiting fo
i think boehner will do what boehner needs to do. i hope that obama will do what he needs to do, but i think the chances are good and we will not suffer catastrophe, because americans somehow avoid catastrophe. >> mort, this very sensible, and in general there is a good chance of that happening. but i have to take exception to your referenced above board word -- to bob woodward. if he was an hour course, we would help him because of his arguments that barack obama failed to work his will...
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boehner and mcconnell still in charge. although they did better and you could argue there's no reason. are you surprised there's not a push to change leaders inside your party even if it's just the face of the party a little bit? >> it's difficult. within the house there is -- i think there will be a battle for the conference chair. >> but it's a -- >> i'm surprised, yeah, but at the same time, we need strong leadership and a strong speaker and i think boehner can do a good job -- >> looks like he's going to get more political leeway. he doesn't have eric cantor. it seems like there's for trust between the two but, jackie, if the american people had known they not only were re-electing status quo but the same people are in the room that gave us the gridlock, i wonder how that ballot would have turned out. >> i wonder if he said it's going to be the same people in the room, and, you know, a lot of this is going to be theater. we were talking about that for the first couple of days, hopefully not weeks but there will be a lo
boehner and mcconnell still in charge. although they did better and you could argue there's no reason. are you surprised there's not a push to change leaders inside your party even if it's just the face of the party a little bit? >> it's difficult. within the house there is -- i think there will be a battle for the conference chair. >> but it's a -- >> i'm surprised, yeah, but at the same time, we need strong leadership and a strong speaker and i think boehner can do a good...
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boehner has been ee re-elec. what about mitch mcconnell. he sounds as object strucktive as he has over the last four years. what's going to happen to him? >> i went to his photo op yesterday where he unveiled new members of the republican freshman class. they could have had that in a broom closet because there were only three of them and they were sitting there nodding their heads and grinning for the cameras. is he going to play the bad cop here. i mean, boehner at some point is going to be in a position of actually having to lead. mcconnell can still be, because he's in the minority, can still be -- well, he can't make it his top priority to defeat obama but he can make it a top priority to defeat all of obama's policies. >> wouldn't it be great if they actually worked together? >> it's important to keep in mind john boehner is an old school guy willing to cut deals and be reasonable and compromise. now, the question is whether or not with eric cantor and the rest of the leadership kind of eyeing him how far he'll be able to go. but boehn
boehner has been ee re-elec. what about mitch mcconnell. he sounds as object strucktive as he has over the last four years. what's going to happen to him? >> i went to his photo op yesterday where he unveiled new members of the republican freshman class. they could have had that in a broom closet because there were only three of them and they were sitting there nodding their heads and grinning for the cameras. is he going to play the bad cop here. i mean, boehner at some point is going to...
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as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a really great confidence signal to markets. now i don't think it's the solution for our short term growth problems because right now borrowing is cheap and we don't have a debt problem dragging on our economy right now but if we're looking at freeing up investment, freeing up hiring over the medium and long terms, absolutely the markets would love that. >> i think, also, the biggest negative domestically generated is the perpetual fights of brinksmanship, government shutdown, debt ceiling. a grand bargain that if it did nothing else put off those types of fights for the foreseeable future
as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a...
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. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everybody knows that something has to get done because the economy will take such a serious hit if it doesn't. here is where i see the battle line right now. republicans on capitol hill tell me they are willing to raise revenue. that's a big change. they are willing to raise revenue, but without a change in the tax rates. the president has said that the highest earning americans have to pay more. congressional republicans saying no change to the tax rates. that's a big difference of opinion. they'll have to find a way to bridge that divide. beyond that, they're willing to compromise on entitlements. they're willing to find cuts, so there does seem to be room for compromise. there's also a willingness to get something done an
. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everybody knows that something has to get done because the economy will take such a serious hit if it doesn't. here is...